Intelligent life on a planet comes of age when it first works out the reason for its own existence.
Increasing Housing Transfer Taxes: It exploits both time and geographical discontinuities in the implementation of the reform that allowed local authorities to raise housing transfer tax. On the short term, we provide evidence that buyers anticipate the reform to avoid the additional tax burden.
We find some evidence of a long-term negative effect of the tax increase on the number of transactions, only in markets where supply is high relative to demand. Finally, we find no effect on pre-tax sales prices, meaning that the burden of the transfer tax rests on the buyer.
Our findings highlight the strong inelasticity of the French housing market and suggest the existence of price frictions potentially due to loss aversion.
Robin hood or Crony Capitalism? TBA Mardi 8 janvier TBA Mardi 15 janvier This study examines the direct effects of putting into practice the Democratic Security policy on local violence towards civilians. A regression discontinuity approach shows that the number of civilian victims by Guerrilla bands increases substantially after close elections in municipalities where mayors sharing the DS policy won, whereas no effect of the civilian victims by other bands or official forces was observed.
Empirical evidence suggests that the violence reflects either an anticipation strategy followed by the Guerrilla or a manipulation of the scores by the local offices.
Mardi 22 janvier TBA Mardi 29 janvier Firm ownership and the labour share Antoine Vatan Mardi 19 mars TBA Mardi 26 mars TBA Mardi 2 avril TBA Mardi 16 avril TBA Mardi 28 mai We find strong evidences in favor of the tax-loss selling explanation for this phenomenon.
Moreover, the rate of taxation is statistically significant to explain the strength of the January effect over time.
Studying individual stock returns, a DiffInDiff investigation shows that past losers, outperform past winners at the turn of the year but only afterwhich reinforces further the tax-loss selling explanation of the January effect.
Mardi 20 novembre Private Credit Under Political Influence. Integrated assessment of climate and population change: An age-dependent endogenous mortality rate, which depends linearly on global temperature increase, is introduced and calibrated.The Applied economics lunch seminar takes place every Tuesday from to Its objective is to provide a friendly and informal atmosphere in which ongoing research in applied economics carried out at the Paris School of Economics can be presented and discussed.
Its origins lay more than a hundred years back in that social and technological upheaval from which the idea of a selfregulating market sprang in Western Europe.
They regarded animals as the organic equivalents of machines, driven by coarse instincts, unable to experience pain (though their behavior sometimes deceives us into erroneously believing that they do). In Word Type Study, the words “moral, morals, values” attract Builders as they do me.
As Builders identify with loyalty, so Directors with resourcefulness. Albert Einstein () is the Director prototype; he was one of my chief heroes when I was a teenager. How Random Mating and Sexual Reproduction Change monstermanfilm.com TO DOWNLOAD INSTRUCTOR RESOURCES: Lecture PowerPoints.
and essay questions organized by topics and level of difficulty for each chapter. approach does not imply that behavior is “genetically determined” or that learning and culture are unimportant.
we will argue. I can control my behavior, which is about the single best lesson you can give a human being in terms of happiness and a good life, that they can control themselves.” Said Dennis in a lecture on Exodus 2: “My parents spoke Yiddish.